Molecular Diagnostics Market was valued at USD 17.8 billion in 2021 and is expected to reach USD 46.65 billion by 2029, registering a CAGR of 12.8% during the forecast period of 2022-2029. The "reagents and kits" accounts for the largest products segment in the molecular diagnostics market within the forecasted period owing to the frequent purchase of these products due to their recurrent usage.

The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

For the growth of business, MOLECULAR DIAGNOSTICS market survey report brings to light key market dynamics of sector. The report precisely describes historic data, present market trends, market environment, technological improvements, upcoming technologies and the technical progress in the related industry. Major market players, major collaborations, mergers and acquisitions are reviewed comprehensively in this market report. It gives correct insights on the current market scenario and future prospects of the MOLECULAR DIAGNOSTICS industry. Furthermore, global MOLECULAR DIAGNOSTICS market study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.

MOLECULAR DIAGNOSTICS market document is the high quality report having in-depth market research studies. It presents a definite solution to obtain market insights with which clients can think about market place clearly and thereby take important decisions for growth of the business. All the data, facts, figures and information is backed up by well renowned analysis tools which include SWOT analysis and Porter’s Five Forces analysis. A number of steps are used while preparing this report by taking the inputs from a dedicated team of researchers, analysts and forecasters. Market risks and entry barriers make MOLECULAR DIAGNOSTICS industry aware and help deciding further moves.
      

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Molecular Diagnostics Market Definition

Molecular diagnosis can identify diseases such as infectious diseases, hereditary diseases, cardiovascular diseases, neurological diseases, and others by investigating molecules such as DNA, RNA, and protein in a tissue or a fluid. Several methods such as PCR, mass spectrometry, next-generation sequencing, cytogenetics, in situ hybridization, molecular imaging, and others are utilized to diagnose various diseases.

Molecular Diagnostics Market Scope and Size

The molecular diagnostics market is segmented on the basis of products, technology, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Products

·         Reagents and Kits

·         Instruments

·         Services and Software

On the basis of products, the molecular diagnostics market is segmented into reagents and kits, instruments and services and software. The instruments are sub-segmented into tabletop instruments and portable and PoC instruments. Reagents and kits accounts for the largest market share owing to the frequent purchase of these products due to their recurrent usage.

Technology

·         Mass Spectrometry (MS)

·         Capillary Electrophoresis

·         Next Generation Sequencing (NGS)

·         Chips and Microarray

Some of the key questions answered in this report:

• How has the Molecular Diagnostics Market performed so far and how will it perform in the coming years?

• What has been the impact of COVID-19 on the Molecular Diagnostics Market?

• What are the key regional markets?

• What is the breakup of the market based on the procedure?

• What is the breakup of the market based on the injury location?

• What is the breakup of the market based on the end user?

• What are the various stages in the value chain of the industry?

• What are the key driving factors and challenges in the industry?

• What is the structure of the Molecular Diagnostics Market and who are the key players?

• What is the degree of competition in the industry?

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 Market Analysis and Insights:

The increasing prevalence of infectious diseases and cancer across the globe, has increased the adoption of molecular diagnostics. The key players are now focused on technological advances in molecular diagnostics and are also indulging in collaboration and partnerships with other organizations. Consequently, these growth determinants will aid market to show substantial growth over the forecasted period.

Molecular Diagnostics Market Share Analysis

The molecular diagnostics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance.

Key major players operating in the Molecular Diagnostics market are

F. Hoffmann-La Roche Ltd., (Switzerland), Hologic, Inc. (U.S), bioMérieux (France), Abbott (U.S), QIAGEN (Netherlands), Thermo Fisher Scientific (U.S), Siemens (Germany), Danaher (U.S), Myriad Genetics Inc. (US), Illumina Inc. (US), Agilent Technologies Inc. (U.S), BD (U.S), DiaSorin S.p.A (Italy), Grifols S.A. (Spain), Quidel Corporation(US), Genetic Signatures (Australia), MDxHealth, Inc. (US), Exact Sciences Corporation (US), Biocartis (Belgium), TBG Diagnostics Limited (Australia), GenMark Diagnostics Inc. (US), Luminex Corporation (U.S), HTG Molecular Diagnostics Inc. (US), Vela Diagnostics (Singapore), Amoy Diagnostics Co., Ltd. (China), Molbio Diagnostics Pvt. Ltd., (India) and geneOmbio (India) among others.

MAJOR TOC OF THE REPORT

• Chapter One: Introduction

• Chapter Two: Market Segmentation

• Chapter Three: Market Overview

• Chapter Four: Executive Summary

• Chapter Five: Premium Insights

• Chapter Six: Molecular Diagnostics Market Share by Product & Procedure type

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